Roskill: Japanese steel industry is poised for a major downsizing in the years to come
Green Car Congress
MARCH 1, 2021
Furthermore, Nippon Steel is under pressure to reduce its use of blast furnaces, which emit large amounts of carbon emissions, as Prime Minister Yoshihide Suga pushes Japan toward carbon neutrality. Like its peers in Europe, the Japanese steel industry is facing overcapacity with dire prospects. —Nikkei report.
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